Friday , 1 May 2026

India

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Indian Metals & Ferro Alloys to acquire Tata Steel’s Odisha ferro alloys plant for ₹610 crore

Indian Metals & Ferro Alloys Ltd (IMFA) has announced the acquisition of Tata Steel’s ferro alloys plant in Odisha for ₹610 crore to...

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NCL Industries Nagarjuna Cement Expands Capacity with New ₹250 Crore Visakhapatnam Plant

NCL Industries flagship brand Nagarjuna Cement inaugurates a ₹250 crore Visakhapatnam plant, adding 6.6 lakh tonnes capacity and enhancing South and East India...

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Steel makers urge government to tighten curbs on rising imports from China, Korea, and Russia

Indian steel producers have urged the government to impose stronger import restrictions as rising shipments from China, Korea, and Russia threaten domestic production...

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Karnataka Likely to Shelve Rs 1,500 Crore Twin-Tower Project in Bengaluru’s Majestic Area

The Karnataka government is likely to shelve its ambitious Rs 1,500 crore twin-tower project in Bengaluru’s Majestic area. Conceived to centralize scattered government...

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India targets 300 million tonnes steel capacity by 2030; explores green steel collaboration with Sweden

India is targeting 300 million tonnes of crude steel capacity by 2030, with Sweden exploring green steel collaboration as domestic demand surges amid...

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India’s REIT Market Set to Nearly Double by 2030: Knight Frank–CII Report

Knight Frank India and CII project India’s REIT market to nearly double to ₹19.7 lakh crore by 2030, driven by policy reforms, institutional...

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UltraTech becomes world’s largest cement company by sales volume, excluding China

UltraTech Cement, the Aditya Birla Group’s flagship, has achieved a global milestone by emerging as the world’s largest cement company by sales volume...

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Centre Approves Rs 300.2 Crore for Palakkad Industrial Smart City Project

The Central government has sanctioned Rs 300.2 crore for the Palakkad Industrial Smart City under the Kochi-Bengaluru Corridor, with Kerala contributing 646 acres...

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Domestic Steel Prices Plunge to Five-Year Low Amid Rising Imports and Weak Export Demand

Domestic steel prices drop to Rs 47,000–48,000 per tonne, a five-year low, amid rising imports and weak export demand; Steel Ministry holds discussions...

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L&T Secures Major Orders Worth Rs 2,500–5,000 Crore from Hindalco and Tata Steel

Larsen & Toubro’s Minerals & Metals division has secured large orders worth Rs 2,500–5,000 crore from Hindalco and Tata Steel for aluminium and...